Ocho Investments LLC Amends TruBridge Stake
Ticker: TBRG · Form: SC 13D/A · Filed: Aug 16, 2024 · CIK: 1169445
| Field | Detail |
|---|---|
| Company | Trubridge, Inc. (TBRG) |
| Form Type | SC 13D/A |
| Filed Date | Aug 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
TL;DR
Ocho Investments LLC filed an amendment on their TruBridge stake. Watch this space.
AI Summary
Ocho Investments LLC, through its representative Andris Upitis, has filed an amendment (No. 1) to its Schedule 13D for TruBridge, Inc. on August 16, 2024. This filing indicates a change in beneficial ownership of TruBridge, Inc. common stock. The specific details of the change in ownership percentage or number of shares are not provided in this excerpt.
Why It Matters
This filing signals a potential shift in control or influence over TruBridge, Inc. by Ocho Investments LLC, which could impact the company's strategic direction and stock performance.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility.
Key Players & Entities
- Ocho Investments LLC (company) — Filing entity
- Andris Upitis (person) — Representative for Ocho Investments LLC
- TruBridge, Inc. (company) — Subject company
- Kevin C. Timken (person) — Legal counsel
- Michael Best & Friedrich LLP (company) — Legal firm
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact changes in the number of shares or percentage of beneficial ownership held by Ocho Investments LLC.
When was the previous Schedule 13D filing made by Ocho Investments LLC?
The filing is an amendment (No. 1), implying a prior filing, but the date of the original filing is not provided in this excerpt.
What is the primary business of TruBridge, Inc.?
TruBridge, Inc. is in the 'SERVICES-COMPUTER PROGRAMMING SERVICES' industry, with SIC code 7371.
What is the business address of Ocho Investments LLC?
The business address for Ocho Investments LLC is 5170 Howards Point Road, Excelsior, MN 55331.
Who is authorized to receive notices for this filing?
Kevin C. Timken of Michael Best & Friedrich LLP is authorized to receive notices, with a business address at 170 S. Main St., Ste 1000, Salt Lake City, UT 84101.
Filing Stats: 692 words · 3 min read · ~2 pages · Grade level 8 · Accepted 2024-08-16 17:23:39
Key Financial Figures
- $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class of
Filing Documents
- ocho_sch13da.htm (SC 13D/A) — 27KB
- 0001096906-24-001757.txt ( ) — 29KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. Date: August 16, 2024 OCHO INVESTMENTS LLC By: /s/ Andris Upitis Name: Andris Upitis, Manager ANDRIS UPITIS /s/ Andris Upitis